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20121027
20121104
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easier because new jersey governor chris christie signed a waiver allowing this to happen. nevertheless, the crucial element here remains power. if you get power, you can get the gas stations up and running again and the terminals up and running again as well. that's what we're waiting for. guys, back to you. >> it's a crazy situation. kind of a daisy chain waiting to be solved. mary, thank you. let's get some insight on the crazy gas situation. >> yeah, joining us now from tulsa, oklahoma, is randy fouch, ceo of radar petroleum. >> good afternoon. thanks for invitining us. >> what a situation we find ourselves in. how is the storm affecting oil and gas from your stand point? >> first off, our thoughts and prayers for all the people really impacted by this. but this isn't really a gasoline problem. nor is it particularly a refinery problem as we've heard. it's an electricity problem and the damage to the local electrical supply. it's a terminal problem. the refineries have storage. some of them are back up. it's that last road from the terminal to the gas station and the gas station bei
christie has closed 130 miles of highway. so, new jersey residents here, thousands of them without power, but many glad it's coming earlier than expected, hunkering down and hoping the worse will pass shortly. >> thank you very much. we'll be checking back. >> we're watching that picture very carefully of that high rise that's been under construction for several months in midtown manhattan. eventually going to be 90 stories high. and that crane that sits atop it, you shouldn't see that portion dangling that's sitting parallel to the building itself. that has been a partial collapse of that crane there. our robert frank is on the phone. you've covered that high rise on wealth report. it's been under construction for a while. what can you tell us? >> reporter: as you mentioned, this is a very high-profile building to begin with. 90 stories tall. several of the penthouses have sold for more than $90 million apiece. so, we have several billionaires living in this building. the reason it's already been under scrutiny is there getting some tax breaks for buyers as well as the developer, origin
christie in viewing the storm damage. much of new york and new jersey remains paralyzed with power outages, flooded roads, and debris. governor cuomo said this is the worst storm he's ever seen in new york city. public transportation remains shut down as many subway stations are flooded. mta officials say the damage is the worst they've ever seen in the subway's 108 year history. airports are beginning to open up. jfk will open tomorrow. washington and philadelphia have been partially restored as far as service is concerned today. bill, back to you. >> courtney, thank you very much. so it's all systems go at the new york stock exchange tomorrow. the nyse and nasdaq confirming they will be opened and fully operational come tomorrow. >> on the phone now, sam from s&p capital iq. thanks for joining us. s&p capital iq down the block from the new york stock exchange. what have you been hearing about your offices reopening tomorrow? >> hey, maria. we know the electricity is turned off. just like here in jersey city where there's no electricity, no water, we do as best we can. but we're in commun
how he stood with governor christie in new jersey. we had a response to a nation in a crisis. >> you think there's class warfare in this country? >> no, i think the best of our country wants to come together to get this economy going again. and that president obama has shown a path that we can trust and that mitt romney is not offering anything but the failed economic policies of the past, which say that the top 1% in this country should not pay their fair share. we reject that vision for america. >> let's not forget the 47% that don't pay any tax, right? >> that's also an inaccurate statement. >> 47% of this country does not pay income tax. that's not an inaccurate statement. at all. that's a fact. >> but they pay sales tax. there's lots of taxes that people pay. >> i'm talking about the federal income tax. >> right. that's right. but how is it that you think we can get this country going again if we don't have more investment like we did in the boom economy after world war ii where the wealthy and corporations were paying a lot more in order to make our country great. i think this
Search Results 0 to 3 of about 4